Auburn University Real Estate
THE ORGANIZATION OPERATES FOR THE EXCLUSIVE BENEFIT OF AUBURN UNIVERSITY FOUNDATION, A NONPROFIT CORPORATION WHICH WAS ORGANIZED FOR THE SUPPORT OF AUBURN UNIVERSITY, AN EDUCATIONAL, LAND-GRANT INSTITUTION.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$19.3M
-10.7% YoY
Annual Giving
$2.4M
+104.2% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$2.4M
+308.3% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,330,335 | $21,647,679 | $19,953,551 |
| Revenue | $341,851 | $4,361,188 | $10,156,040 |
| Expenses | $2,681,401 | $1,423,467 | $339,289 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-5,130 | $13,116 | $-65,783 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Auburn University Real Estate fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE CATES | CHAIR | 0.5 | — |
| PATRICK HENRY | VICE CHAIR AND TREASURER | 0.5 | — |
| BEAU BYRD | DIRECTOR | 0.5 | — |
| BENNY LARUSSA | DIRECTOR (RESIGNED 7/15/2024) | 0.5 | — |
| DAVID WELCH | DIRECTOR | 0.5 | — |
| GREG WINCHESTER | DIRECTOR | 0.5 | — |
| JOHN THOMAS | DIRECTOR | 0.5 | — |
| ROB WELLBAUM | PRESIDENT | 2 | $293,808 |
| ANGIE STEPHENS | VICE PRESIDENT (RETIRED 12/1/2023) | 7.5 | $204,063 |
| ERIN LEWIS | CHIEF OPERATIONS OFFICER | 3.5 | $253,288 |
| WILLIAM B HUGHES | CHIEF FINANCIAL OFFICER | 3.5 | $74,361 |
| TIMOTHY JONES | ISO (VACATED 5/1/2024) | 0.5 | $115,072 |
| CAROLYN BURROUGHS | ASSISTANT TREASURER | 4 | $80,313 |
| LAUREL HENDRIX | ASSISTANT SECRETARY | 1.5 | $40,909 |
| WANDA SPEROW | SECRETARY | 1 | $9,448 |
| LEE SHEPPARD | ASST. DIR OF FINANCE | 3.5 | $49,927 |
| CHARLES SALIBA | TECHNOLOGY ARCHITECH | 0.5 | $94,978 |
| JOHN MORRIS | PRESIDENT (RESIGNED 8/1/2023) | — | $241,247 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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